OREANDA-NEWS. March 14, 2017. Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for February 2017:

             

Operating Data

Feb

Feb

% Change

YTD

YTD

% Change

2017

2016

(YOY)

2017

2016

(YOY)

Copa Holdings  (Consolidated)

            

  ASM (mm) (1)

1,814.3

1,792.1

1.2%

3,873.5

3,741.0

3.5%

  RPM (mm) (2)

1,469.8

1,375.5

6.9%

3,192.9

2,932.0

8.9%

  Load Factor (3)

81.0%

76.8%

4.3p.p.

82.4%

78.4%

4.1p.p.

1.  Available seat miles - represents the aircraft seating capacity multiplied by the number of miles the seats are flown.

2.  Revenue passenger miles - represents the numbers of miles flown by revenue passengers

3.  Load factor - represents the percentage of aircraft seating capacity that is actually utilized 

For the month of February 2017, Copa Holdings' system-wide passenger traffic (RPMs) increased 6.9% year over year, while capacity (ASMs) increased 1.2%.  As a result, system load factor for February 2017 was 81.0%, a 4.3 percentage point increase when compared to February 2016.

Copa Holdings is a leading Latin American provider of passenger and cargo services.  The Company, through its operating subsidiaries, provides service to 73 destinations in 31 countries in North, Central and South America and the Caribbean with one of the youngest and most modern fleets in the industry, consisting of 101 aircraft: 80 Boeing 737NG aircraft and 21 EMBRAER-190s.